M&A Deal Summary

QSR Group Acquires Church s Chicken - 45 U.S. Restaurants

On June 25, 2019, QSR Group acquired restaurant Church s Chicken - 45 U.S. Restaurants from Church s Chicken

Acquisition Highlights
  • This is QSR Group’s 1st transaction in the Restaurants sector.
  • This is QSR Group’s 1st transaction in the United States.
  • This is QSR Group’s 1st transaction in Georgia.

M&A Deal Summary

Date 2019-06-25
Target Church s Chicken - 45 U.S. Restaurants
Sector Restaurants
Buyer(s) QSR Group
Sellers(s) Church s Chicken
Deal Type Divestiture

Target

Church s Chicken - 45 U.S. Restaurants

Atlanta, Georgia, United States
Church's Chicken - 45 U.S. Restaurants operates 45 restaurants in Alabama, Georgia, Florida, Ohio, and Michigan.

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Buyer(S) 1

Buyer

QSR Group

Brantford, Ontario, Canada

Category Company
Founded 1964
Sector Restaurants
DESCRIPTION

QSR Group, Inc. owns and operates Tim Hortons (through Pioneer Food Services Limited) and Wendy’s restaurants (through Quicker Foods Inc). QSR Group, Inc. was founded in 1964 and is based in Brantford, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Church s Chicken

Atlanta, Georgia, United States

Category Company
Founded 1952
Sector Restaurants
DESCRIPTION

Church's Chicken is a chicken quick-service restaurant serving more than three million customers weekly through restaurants in 22 countries and more than 30 states in the U.S. The Company serves affordable freshly prepared, high-quality, flavorful chicken and tenders with signature sides and handmade, from-scratch biscuits. Church's Chicken was founded in 1952 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector (Restaurants) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1